Akamai delivers a 15% gain as e-commerce stocks rebound

After a bearish third quarter, investors grew bullish about e-commerce stocks last week, and the Internet Retailer Online Retail Index gained 1.53%.

The broader stock market fared slightly better, as the Dow Jones Industrial Average gained 1.74% and the Standard & Poor’s 500 Index moved up 2.12%.

Only eight of the 25 stocks tracked by the Online Retail Index declined last week. The biggest loser was online greeting card retailer American Greetings, which recently reported a 7.6% decline in total sales for its second quarter.